Buying new white goods and household appliances can be a real chore. Of course there are times when you’re remodelling when it doesn’t seem so bad, but nobody really wants to be rushing to a retail park in the hope of getting their hands on a new freezer to replace the one at home that’s just broken down and ruined all of your frozen food. T
In cases of the latter, very few people are happy to have to shoulder the expense. Household appliances can be expensive, and it’s not exactly a convenient expense that everyone plans for. This is especially true during the COVID-19 pandemic, when every penny counts.
Despite all of this, there are some things that you can do to lighten the load of purchasing a new household appliance – so whether it’s a fridge freezer, a new washing machine, or even a TV (we know which we’d prefer), you can get a better deal.
1. Buy a display model
There’s no need to reinvent the wheel when you’re trying to save money on a large household appliance. So many shops offer significant discounts on display models because it’s generally accepted that people just aren’t really that interested in having a microwave or fridge that’s been sat on the shop floor with people checking it out.
In reality, you should ask yourself whether it really matters. If an appliance works just as well, is clean, and doesn’t have any significant cosmetic issues, a small scratch here and there won’t do any real harm at all.
If your priority is to save money, opt for a display model. You could save over 10% of the retail value and you won’t actually lose out on anything.
2. Know when to shop
Another important thing to think about is when you decide to buy a new appliance. In some cases you might have no choice due to a breakdown, but picking and choosing your shopping window could lead to significant savings.
Just like new cars, brands release new appliance models on an annual cycle, with new appliances coming out in the Autumn and Spring. By waiting until just after the new models are released, you could bag a real bargain as retailers try to sell through their remaining old model stock. It’s also worth thinking about when sales fall, since Black Friday, Cyber Monday and the New Year all lead to reductions that can amount to significant savings.
3. .. and where
You should also give some thought to where you shop. When you’re out to buy a new appliance, your best bet is to see what’s on offer across the entire market. The internet really is your friend in this regard, since you can easily compare the prices of similar appliances between different businesses.
Using this information, you can opt for the cheapest retailer, or leverage the bargain you’ve found elsewhere to ask for a discount in a larger shop. It’s really a case of knowing the value of what you’re buying and not paying too much as a result of an exorbitant mark-up.
4. Don’t choose based on brand alone
Another great way to reduce your spend on household appliances is to stray from the beaten track. What we mean by this is that you shouldn’t choose your new appliance based on brand name alone. So often, the big brands cost far more than their less commonly known counterparts – and there isn’t usually all that much to separate the products.
These days, rigorous quality control checks and consumer legislation mean that all manufacturers are held to high standards – so you shouldn’t be put off from shopping around just because you know that one brand has traditionally been reliable.
5. Spread the cost
If you really can’t afford to shoulder the cost of a new appliance upfront, you don’t necessarily have to go with the finance offered to you in store. In many cases, these finance packages can turn out to be very expensive, whereas a short-term personal loan could help you to get a new appliance and manage your own finances more easily.
If you need a loan quickly, you could get one that’s suitable for your circumstances by using an online credit broker. The chances are that you’ll be able to get the money you need even if you have a lower credit score and can’t find a guarantor. You can then spread the cost of the appliance over a longer period of time by paying the lender back in more affordable instalments.
Don’t overpay for your next appliance
At the end of the day, nobody really wants to be spending out on a new fridge or some other basic appliance – but renewing these household staples is a fact of life.
As we all spend more time at home due to the pandemic, it makes even more sense to minimise your upfront spend on household appliance , but the good news is that you don’t need to look too hard to get a great deal. By using the methods set out in this article, you could walk away with a new appliance at a fraction of the usual cost.